News
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GBP/USD rises as Fed rate cut odds boost Sterling
GBP/USD resumes its uptrend on Friday, trimming some of Thursday’s 0.21% losses as the Greenback recovered some ground. Inflation data in the US kept steady the chances for a Fed cut in the December meeting, weighing on the Dollar. At the time of writing, the pair trades at 1.3349 up 0.19%.
Fxstreet
Fri, Dec 5
Euro dips as US jobs data boosts the Dollar despite Fed-cut buzz
Euro retreats somewhat on Thursday as traders digest the last round of US jobs data as they also brace for the release of the Federal Reserve’s preferred inflation gauge, the Core Personal Consumption Expenditures (PCE) Price Index. At the time of writing, the EUR/USD trades at 1.1649, down 0.19%.
Fxstreet
Thu, Dec 4
Silver Price Analysis: Uptrend holds as RSI divergence signals corrective risks
Silver price retreats late in the North American session on Wednesday even though the US Dollar weakens after data reaffirmed investors intentions that the Federal Reserve would cut rates next week. At the time of writing, XAG/USD trades at $58.49 down 0.14%.
Fxstreet
Wed, Dec 3
EUR/USD strengthens as weak US labor data pushes cut odds to 90%
EUR/USD surges over 0.40% on Wednesday after economic data in the US reinforced bets that the Federal Reserve would cut rates at the December 9-10 meeting. The pair trades at 1.1668 after bouncing off daily lows of 1.1617.Fxstreet
Wed, Dec 3
Dogecoin Price Forecast: DOGE risks 12% decline as whales exit
Dogecoin (DOGE) is trading at $0.1525 at the time of writing on Friday, as bears tighten their grip. Demand for Dogecoin has remained significantly suppressed since the October 10 flash crash, which liquidated over $19 billion in crypto assets on a single day.
Fxstreet
Fri, Nov 28
USD/JPY Price Forecast: Tumbles below 156.00 as US economy slows down
USD/JPY makes a U-turn and tumbles over 0.54% on Tuesday as investors grew confident that the Federal Reserve will cut rates at the December meeting, following a soft US inflation report, along with weaker than expected Retail Sales.
Fxstreet
Tue, Nov 25
EUR/USD: Likely to consolidate between 1.1495 and 1.1545 – UOB Group
Euro (EUR) is likely to consolidate between 1.1495 and 1.1545. In the longer run, the likelihood of EUR breaking below 1.1470 has increased; EUR must close below 1.1470 before further declines are likely, UOB Group's FX analysts Quek Ser Leang and Peter Chia note.Fxstreet
Tue, Nov 25
Bitcoin Weekly Forecast: BTC drops to seven-month lows as selling pressure intensifies
Bitcoin (BTC) price continues its downward slide, trading near $82,000 at the time of writing on Friday and plunging to seven-month lows as bearish sentiment tightens its grip on the crypto market.Fxstreet
Fri, Nov 21
